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20121223
20121223
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. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the $1.1 trillion that has already been done, that would be close to the $4 trillion we needed to stabilize the debt and begin to bring it down. >> reporter: to do that the president is demanding wealthy pay higher taxes. >> gregg: steve, thanks. >> heather: gregg, president obama is taking a break from the stress of fiscal cliff negotiations spending the holiday in hawaii. there is also a somber moment on his schedule. president and first lady attending a memorial service for daniel i inouye. >> he is leaving the fiscal cliff worries back home. we are
journal" is next. ♪ host: good morning , president obama is in hawaii this weekend for the christmas holiday with his family. he will join a congressional delegation later today led by harry reid in services in holland -- in honolulu for late senator daniel inouye passed away last week that congress will return monday to continue fiscal negotiations. we will look at the options ahead for the president as the january deadline looms but we want to begin with your comments on another debate front and center in washington following the tragic shooting in newtown, conn. -- that is gun-control. "the washington post" said a bitter fight ahead. the numbers are on your screen. we look at some of the headlines on the sunday morning beginning with "the connecticut post." - you can see the flag remaining at half staff outside one of the churches in newtown, conn. following the burial of 20 children and six women killed about a week and a half ago. this is from the front page of today's "new york daily news." finally, from the front page is this report about what is ahead in terms of the gun cont
left for his vacation in hawaii on friday evening, talked about a very pared down, stripped down plan. simply extend the bush tax cuts for people making $250,000 or less, extend unemployment benefits for 2 million people that they're going to run out for, and basically postpone all of the sequester, which would be 110 billion dollars in spending cuts in 2013. now, i'm just not sure i see how republicans are going to go along with that given the fact that you just had the plan b rejected which was going to set the marker not at 250,000, but a million and the speaker couldn't get the votes for that, so, why would republicans now go for the $250,000 that we've been rejecting all along. >> clayton: another animal house reference, it's like the young members of congress trying to get their pledge pin, you know, who are going along trying to vote for this. and they're not-- i mean, let's be honest, this is the reason they didn't get the votes, the 40 or 50 members who didn't want to go along with the speaker on this. you're right, chris. i mean, let's dive into that. how are they going to p
to hawaii to celebrate christmas with the first family, president obama tried to gifb lawmakers something to think about on their own holiday break. >> think about the obligations we have to the people who sent us here. >> nine days before the fiscal cliff and not a creature was stirring in washington. negotiations at an impass. the president says he hopes the holiday spirit will inspire a change of heart. >> everybody can drink some egg nog, have some christmas cookies. >> but republicans say the president's deal is jut too hard to swallow. >> the president's solution of raising tax rates would still be ready as far as the eyes could see. >> john boehner's plan b, raising taxes on americans making more than $1 million a year was scuttled by his fellow republicans. it's dead in the water with senate democrats. the president wants to lock in tax cuts for 98% of americans, but some house republicans refuse to raise taxes on anyone. for a few days though, both sides are setting aside the politics. >> i wish all the american people a blessed and merry christmas. merry christmas, everybody. >>
Search Results 0 to 3 of about 4